RESIDENTIAL CONDOMINIUM CONVERSION: SERVICES OFFERED

 2-4 UNIT BUILDINGS—FULL CONDOMINIUM CONVERSION SERVICE FOR FLAT FEE OF $3,000

 Services include:     

(1) An initial consultation to discuss the conversion process and provide: (i) a list of the materials needed for our office to prepare the conversion application, (ii) forms required to order the Physical Inspection and 3R Report, and (iii) recommendations for surveyors and pre-inspection facilitators;

(2) Review of all materials, then preparation and submittal of the City application package

(3) Monitoring and expediting of the application throughout the approval process;

(4) Preparation of Covenants Conditions and Restrictions ("CC&Rs") including an initial draft, a meeting to review the draft, and one round of revisions; and

(5) Phone access to a dedicated staff member during normal business hours to handle any queries or issues related to the conversion.

Services include all of the above with the addition of; preparation of documents for State application package, recommendations for budget preparers, co-ordination of submittal, and monitoring of application through State approval process.

      OTHER CONDOMINIUM CONVERSION SERVICE OPTIONS

If you would like to handle the application process yourself, we would be happy to help you with just the legal documents. Our fee for this level of service starts at $1500.

Regardless of which service option you choose, you should expect to incur the following additional expenses:

Cost Item                                                               2-4 Unit                   5-6 Unit

City Application                                                      $8,790                     $8,897

3R Report                                                               $160                        $160

Survey and Mailing (varies w/building size)            $7,000                     $9,000

Budget Preparer                                                      $0                            $4,000

State Application                                                    $0                            $1,700

Miscellaneous Expenses                                           $150                        $300

City Inspection (varies w/building size)                     $2300                    $2700

In addition to the above expenses, which are accurate as of September 2008, you will have the expense of correcting any violations found by the Department of Building Inspections.

For more information contact Cam Perridge (415) 839-6407 (direct line) or visit www.andysirkin.com.